Gemfields
Gemfields is a dominant force in coloured-gemstone mining and marketing—controlling a substantial share of global emerald and ruby output through its Kagem (Zambia) and Montepuez (Mozambique) mines. Its business activities directly shape UK jewellery sourcing, pricing, and ethical supply-chain considerations. Jewellery Focus provides professionals with expert coverage of Gemfields’ operations: from auction results, production updates, and cost-cutting strategies to geopolitical impacts, governance developments, and brand actions (including its ownership of Fabergé). Our reporting equips UK jewellers, designers, suppliers, and valuers with the insights needed to navigate sourcing decisions, manage price risk, and maintain supply resilience.
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Aug- 2025 -11 AugustRetailers
Gemfields sells Fabergé to SMG Capital for $50m
Gemfields has announced the sale of luxury jewellery brand Fabergé to US-based SMG Capital for $50m (£37.2m). The company will receive $45m (£33.5m) on completion of the deal, expected on 28 August, and a further $5m (£3.73m) in quarterly royalty payments at 8% of Fabergé’s revenue. According to Gemfields, the…
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May- 2025 -23 MayAuctions
Gemfields to expand offering at June 2025 auction
Gemfields has announced that it will offer a broader range of secondary-type material at its forthcoming mixed-quality ruby auction in June 2025. The auction will include rubies recovered from a newer section of its Mozambican mine that has not previously been represented at auction in meaningful quantities and with a…
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Apr- 2025 -28 AprilDesigners
Gemfields partners with PureJewels on emerald-themed collection
Gemfields has announced that it has partnered with PureJewels on the emerald-themed Zariya collection to combine emeralds from Gemfields’ Kagem mine in Zambia with designs inspired by the fresh buds of May. Taking its name from the Hindi word ‘Zariya’, meaning a medium, source, or pathway, the collection was inspired…
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9 AprilDesigners
Gemfields teams up with Āzlee for capsule collection
Gemfields has teamed up with Los Angeles-based jewellery label Āzlee to create Origins, an eightpiece capsule collection inspired by the landscape of Zambia. The new collection comprises rings, necklaces, pendant charms and earrings, all featuring responsibly mined gems from Gemfields’ Kagem mine. Each piece in the collection was crafted in…
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Mar- 2025 -4 MarchAppointments
Gem Diamonds appoints new non-executive director
The board of global diamond producer Gem Diamonds has appointed Janet Blas as an independent non-executive director, effective 1 April 2024. This announcement follows the planned retirement of Michael Lynch-Bell, the current senior independent non-executive director, who will step down from the board on 31 March 2025 after nine years,…
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Jan- 2025 -24 JanuaryDesigners
Gemfields unveils Rachel Quinn collab
Gemfields has partnered with Rachel Quinn, to launch the Crazy Love collection, featuring Gemfields’ Zambian emeralds and Mozambican rubies. Some of the pieces in the collection include the Heart air balloon earrings $ 9,50), the Kiss perfume bottle necklace $5,600 and the Lipstick locket necklace $13,500. There’s also the Lucky…
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9 JanuaryInternational
Zambia re-introduces 15% export duty on emeralds
The government of Zambia has re-introduced a 15% export duty on all emeralds effective 1 January 2025. The move revokes a suspension that had been in place since 2020 and directly impacts the world’s largest emerald producer Kagem Mining Limited. Kagem is 75% owned by Gemfields and 25% owned by…
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Nov- 2024 -20 NovemberRetailers
Gemfields launches new Christmas collection
Gemfields has announced the launch of its new Christmas collection, featuring designs set with rubies and emeralds. According to Gemfields, rubies have long been associated with “passion”, “prosperity” and “protection”, and emeralds, linked to “growth”, “hope” and “renewal”. The new range features a selection of rings including The Eshli Fine…
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Oct- 2024 -30 OctoberRetailers
Gemfields and Eshli Fine Jewellery launch Zambian emeralds collection
Gemfields has collaborated with Eshli Fine Jewellery to launch a Zambian emeralds jewellery range and demonstrate a shared commitment to responsible mining practices. The Eshli Fine Jewelry x Gemfields collection features the Evil Eye Pendant which boasts a recognisable evil eye motif, while the Emerald Open Shank Ring features an…
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17 OctoberDesigners
Fabergé unveils new additions to Fabergé x 007 collab
Fabergé has revealed new additions to the Fabergé x 007 collaboration, including a new egg surprise locket in celebration of the 60th anniversary of Goldfinger (1964) and a ring to join the Fabergé x 007 Octopussy capsule collection. The first piece in the new Fabergé x 007 Goldfinger capsule collection…
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